What is a business income loss claim?
What is a business income loss claim? So, usually in the policy a business loss claim could be worded as a business interruption claim or business income loss claim. Either way, it’s the same thing, these types of claims cover you, when you have some sort of hazard, whether it be a fire or some sort of water damage and your business is down and you’re not making the same income as you were before. It will also cover you when your business gets back up and running, but you’re still not making the same amount of money. But if you’re unsure consult with an experienced insurance claims attorney.